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Dec 17, 2012
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wal-mart has 4,000 stores in the u.s. while target has just over 1700. we're putting everyday low prices against cheap chic and going into this season, wal-mart sales are up 1.5% year over year while target is nearly double that. assessment for same-store sales this holiday quarter put wal-mart up 8% and target up 2.3%. not so fast, target. last year wal-mart delivered a holiday bunch up 10.. % while target remained unchanged. >> the battle of the big boxers, wal-mart and target. wal-ma now each competitor herb has ammunition. we will go to you first before the people who are paid to give us opiniones. who do you like in this fight? >> i think it is interesting. they are apples an oranges. so much different business models. both are very well run companies. it would be hard to, i give wal-mart the went to social med huge way. i think that helped them out in the post period. >> now, brian. you're with the experts. i want to hear what they think. >> i want herb to commit to a pick. >> he's not. >> i can see the benefits of both companies. >> they're both w
wal-mart has 4,000 stores in the u.s. while target has just over 1700. we're putting everyday low prices against cheap chic and going into this season, wal-mart sales are up 1.5% year over year while target is nearly double that. assessment for same-store sales this holiday quarter put wal-mart up 8% and target up 2.3%. not so fast, target. last year wal-mart delivered a holiday bunch up 10.. % while target remained unchanged. >> the battle of the big boxers, wal-mart and target. wal-ma...
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Dec 21, 2012
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that is helping, given the bank is the number two u.s. lender by assets. but there is more to this story. brian moy han, cut head count and the bank is focussing on businesses. less than many other financial stocks in the s&p 500, and just this week, noted banking analyst meredith whitney, upgraded the stock. >> in bank america's case, they will generate over $18 billion in capitol and return to shareholders. he have not seen an opportunity like this in four or five years. >> that's a big moment for meredith. kwee questions do remain as we set to enter the new year. mainly, how does the bank growity revenue and earnings. that's the key question into 2013. housing certainly helped. fiscal cliff today, not helping. as you know, not doing well today. >> thank you so much, scotty. >> up next, bracing for impact. what happens to your money when and if we good over the cliff. you may know my opinion by now. >> blackberry under a jam, but is the company toast? oh, well, the year is nearly over. we will have a fresh boat load of puns in 2013. >>> it beat the stree
that is helping, given the bank is the number two u.s. lender by assets. but there is more to this story. brian moy han, cut head count and the bank is focussing on businesses. less than many other financial stocks in the s&p 500, and just this week, noted banking analyst meredith whitney, upgraded the stock. >> in bank america's case, they will generate over $18 billion in capitol and return to shareholders. he have not seen an opportunity like this in four or five years. >>...
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Dec 3, 2012
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the u.s. has around 5 million millionaires with a total net worth of $18.8 trillion according to insight in london. if we go off the cliff, next year the population of millionaires would drop by 315,000. their fortunes would drop by $240 billion. if we get a deal but it's bad for the economy, the millionaire population would drop by 26,000 millionaires. if we get a deal and it's good for the economy, millionaires would grow by 230,000 and their fortunes would soar by $1 trillion. yo under score the cost of the cliff, if no threat of a cliff at all, the number of millionaires would grow by 443,000, a 9% increase. the difference between no cliff and going over the cliff is more than 750,000 millionaires, or about $1.3 trillion in worth, the gdp of canada. i'm looking at the impact of economic growth on millionaires, not attacks which could reduce that growth but a cliff deal alone could be worth $1 trillion in new wealth and new millionaires. another reason why the folks in washington should kee
the u.s. has around 5 million millionaires with a total net worth of $18.8 trillion according to insight in london. if we go off the cliff, next year the population of millionaires would drop by 315,000. their fortunes would drop by $240 billion. if we get a deal but it's bad for the economy, the millionaire population would drop by 26,000 millionaires. if we get a deal and it's good for the economy, millionaires would grow by 230,000 and their fortunes would soar by $1 trillion. yo under score...
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Dec 11, 2012
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pop for u.s. steel. b.k.? >> oh, u.s. steel. quite a few price rises coming out of the steel sector. ak steel rose yesterday, slx and u.s. steel all doing well on that. >> did we catch you by surprise? >> yeah. i didn't realize i was first out of the gate. could you tell? >> be on your toes, b.k. baidu up. tim? >> i think evaluation is now in a place where it is some what sane. this is a company that is still the leader in their sector on a chart, this is a place where i really like the stock. i think there are shorts that are very, very nervous. >> dollar general dropped 7%. >> not just a drop today. a lot of drops recently. today, they came out with earnings that weren't so bad. they talked about the consumer being under pressure, feeling a little bit scared about the fiscal cliff and so i think we're going to see dollar general themselves under pressure, margin pressure, i don't think you need to jump in right here. >> drop for sprint, down 1%. keith? >> good example of a stock that's overowned and this works. when the deal n
pop for u.s. steel. b.k.? >> oh, u.s. steel. quite a few price rises coming out of the steel sector. ak steel rose yesterday, slx and u.s. steel all doing well on that. >> did we catch you by surprise? >> yeah. i didn't realize i was first out of the gate. could you tell? >> be on your toes, b.k. baidu up. tim? >> i think evaluation is now in a place where it is some what sane. this is a company that is still the leader in their sector on a chart, this is a place...
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Dec 31, 2012
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we've seen a marked retreat from u.s.-based investments after u.s. centric holdings, the s&p 500 showing strong leadership in the first ten months of the year. what we've reason seen is now foreign markets picking up the slack. so i would say when we look into 2013, the opportunities most likely exist outside the united states, not in the u.s. >> outside of the united states is a large geographic area. can you narrow it down for us? like asia, europe, emerging frontier, what is it? >> of course, mandy. and that's part of the asset selection you have to do. for us one of the best areas we've seen has been in emerging market debt. it started out many years ago with the bricks and recently we've moved in the last five or six years to the n-11. by looking at those markets where we can have sovereign debt and corporate debt and relying on a good fund like the fidelity emerger. >> peter, i'm interested in what is going to be the key driver of the markets overall. i'm kind of sick of politics being the driver. right? because it means we're not driven by fun
we've seen a marked retreat from u.s.-based investments after u.s. centric holdings, the s&p 500 showing strong leadership in the first ten months of the year. what we've reason seen is now foreign markets picking up the slack. so i would say when we look into 2013, the opportunities most likely exist outside the united states, not in the u.s. >> outside of the united states is a large geographic area. can you narrow it down for us? like asia, europe, emerging frontier, what is it?...
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Dec 10, 2012
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they'll downgrade the u.s. debt. but that's it. by the way, we have already proven through nine ways of sunday that -- when our credit rating got downgraded last summer. well, bonds went up in price and down in-year-old. -- in yield. so why not do nothing? why doesn't the president say we're just going to keep bonds the way they are. and we're not going to cut entitlements because we know if we don't cut taxes, the republicans will go along with their no tax pledge and the markets will go higher and no one will care, for now. but he told us that's not going to happen, and he got re-elected. what does it matter? it doesn't raise a lot of money. why didn't he just say that we're taking the able of social security to 6, cutting the military budget. the democrats will be committing political suicide and the republicans. that's why i was hoping that congress would rise above and figure out a more reasonable way to spend less and take in more money over time and get the budget over time. the moronic cliff doesn't hurt. what do we need? i
they'll downgrade the u.s. debt. but that's it. by the way, we have already proven through nine ways of sunday that -- when our credit rating got downgraded last summer. well, bonds went up in price and down in-year-old. -- in yield. so why not do nothing? why doesn't the president say we're just going to keep bonds the way they are. and we're not going to cut entitlements because we know if we don't cut taxes, the republicans will go along with their no tax pledge and the markets will go...
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Dec 10, 2012
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the u.s. goes over the fiscal cliff. >>> italian shares are down nearly 3% this morning. for the most part, it is bank stocks leading the way down. we're now down about 2.76% on the ftse mib. bank stocks have been hit particularly hard this morning. earlier, we saw shares down 5.6%. we're seeing the same thing, whether it's bmps hitting session lows down nearly 6% comes amid concerns about leadership and economic reform in italy following mario monte's announcement that he'll resign once the budget has been passed. this move is likely to bring the country forward to elections next year. the italian prime minister has offered no clue as to whether or not he will run and it comes after sylvia berlusconi declared over the weekend he would throw his hat in the ring for the job of premier. carolyn ross is in italy following the details there. can you walk us through the time frame here? when are we expected monte to step down? what happens next? >> good morning to you, kelly. here is the time frame
the u.s. goes over the fiscal cliff. >>> italian shares are down nearly 3% this morning. for the most part, it is bank stocks leading the way down. we're now down about 2.76% on the ftse mib. bank stocks have been hit particularly hard this morning. earlier, we saw shares down 5.6%. we're seeing the same thing, whether it's bmps hitting session lows down nearly 6% comes amid concerns about leadership and economic reform in italy following mario monte's announcement that he'll resign...
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Dec 12, 2012
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talks about the level of u.s. production, rivalries between iran and saudi arabia, and a new secretary general could get heated. >>> italy likely to see a strong uptai uptake thanks to supply reductions before year end. >>> and let's twist again. the fed set to announce a fresh around of bond purchases to match the outgoing twist program at the end of the year. >>> the international community blasts north korea after it successfully launches a long-range rocket, prompting an emergency u.n. security council meeting. >>> all right. a very good morning to you. we are going to be on to opec later. we've got the latest i.a. data out this morning. they're saying global oil demand projected around 90.5 million barrels a day. more than forecast. they say non-opec production bouncing back. an something bit. they're saying opec crude supply inched up in november led by higher output from saudi arabia. >> i think we'll have to call this today the case of the two oil reports. we have the opec report that they put out ahead of
talks about the level of u.s. production, rivalries between iran and saudi arabia, and a new secretary general could get heated. >>> italy likely to see a strong uptai uptake thanks to supply reductions before year end. >>> and let's twist again. the fed set to announce a fresh around of bond purchases to match the outgoing twist program at the end of the year. >>> the international community blasts north korea after it successfully launches a long-range rocket,...
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Dec 31, 2012
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the u.s. is now on the edge of the fiscal cliff. hours to go until the deadline and as we get closer in theory, the pentagon is getting ready to layoff quite literally thousands of employees because of the automatic spending cuts that go into effect if no deal is reached in d.c. at midnight. we have more on that fall out, hunter? >> how you doing simon? ? yes, just to flush out a little bit of what ber that was talking about, is delaying the spending cuts, down to the wire of the fiscal cliff negotiations. it is an absolute must across the potomac river at the pentagon. there would be a $55 million in spending, about 10% cut in many programs while a lot could be delayed, the most immediate contingency is notifying an estimated 800,000 civilian employees about furloughs in the new year. south carolina senator lindsay graham after he was contacted by secretary of defense leon panetta. >> he says if we do that, it will shoot the defense department in the head and we will have to send out 800,000 layoff notices at the beginning of the y
the u.s. is now on the edge of the fiscal cliff. hours to go until the deadline and as we get closer in theory, the pentagon is getting ready to layoff quite literally thousands of employees because of the automatic spending cuts that go into effect if no deal is reached in d.c. at midnight. we have more on that fall out, hunter? >> how you doing simon? ? yes, just to flush out a little bit of what ber that was talking about, is delaying the spending cuts, down to the wire of the fiscal...
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Dec 21, 2012
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the u.s. economy is at stake here. millions upon millions of families are counting on us to do something. look, it's the president's job. it is his job to find a solution that can pass the congress. he is the only one who can do it. this isn't john boehner's problem to solve. he has done his part. he's bent over backwards. mr. president, how about rallying your party around a solution? how about getting democrats to support something? i've said it many types before, we simply cannot solve the problems we face unless and until the president of the united states either finds the will or develops the ability to leave. this is a moment that calls for presidential leadership. that the way out of this. ity it's that simple. does anyone wonder why we keep going from crisis to crisis around here? anybody notice a pattern? this doesn't have to be a crisis. this was an opportunity. but once again, the president ignored it. he went out and held rallies, gave partisan speeches, even after he had been re-elected. as i said yesterda
the u.s. economy is at stake here. millions upon millions of families are counting on us to do something. look, it's the president's job. it is his job to find a solution that can pass the congress. he is the only one who can do it. this isn't john boehner's problem to solve. he has done his part. he's bent over backwards. mr. president, how about rallying your party around a solution? how about getting democrats to support something? i've said it many types before, we simply cannot solve the...
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Dec 18, 2012
12/12
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yesterday, there was a report on u.s. sales on cigarette, even though they had 3% increase in prizes declined 3% and a challenging environment for cigarette sales, not a good story. >> drop for maple syrup. >> what? >> three burglars in canada were arrested for a massive maple syrup heist that affected the global supply. police weren't waffling where the robbery took place, took 10 million pounds of the sugary liquid and they now face conspiracy charges and trafficking. >> who was behind his? yogi bear? >> that's bad. ♪ >> who sings this song? >> like the kennedy family bootlegging mol las cess out of canada? that's old school. >>> coming up. >> they were cartoon characters. we've gone through this before. >> i must have blocked it out of my mind. >>> coming up next, the up to the minute updates in the oracle's conference call and still to come, we head into the ring for good classic street fights. stay tuned because the traders are lacing up their gloves and settling the score on bank of america. next. ♪ ...could end
yesterday, there was a report on u.s. sales on cigarette, even though they had 3% increase in prizes declined 3% and a challenging environment for cigarette sales, not a good story. >> drop for maple syrup. >> what? >> three burglars in canada were arrested for a massive maple syrup heist that affected the global supply. police weren't waffling where the robbery took place, took 10 million pounds of the sugary liquid and they now face conspiracy charges and trafficking....
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Dec 21, 2012
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., and we're already seeing some u.s. multinationals, you know, that are really strained not only domestically, but the world's, you know, abroad. there may be better growth opportunities. >> overall, corporate earnings growth is going to be driven by a couple of things. you need to have widening margins or expanding top lines. the margin issue has largely been used up. it's been -- you have the benefit, all those deficiencies that have taken place plus an exceptionally low cost of capital driven by low interest rates. the margins are probably as wide as they're going to get. we don't see a really robust economic picture either. this story makes that a little bit worse. analysts have been pretty optimistic about earnings growth for u.s. companies for a number of years and you usually don't get that ad infinitum at a 45 degree angle. so the expectation for earnings growth, we have to mute our expectations somewhat. >> we already heard so many conference calls during earnings season the excuse of the fiscal cliff delaying t
., and we're already seeing some u.s. multinationals, you know, that are really strained not only domestically, but the world's, you know, abroad. there may be better growth opportunities. >> overall, corporate earnings growth is going to be driven by a couple of things. you need to have widening margins or expanding top lines. the margin issue has largely been used up. it's been -- you have the benefit, all those deficiencies that have taken place plus an exceptionally low cost of...
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Dec 26, 2012
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only can the u.s. government, i take that back, only can government, period, including the u.s. government turn a detour into a four-lane highway, okay? let's talk about infusion. governments tried to create faux guarantees when they set up the gses when they created the structure of special financing and faux guarantees whether they were applied or assumed, we all know how it turned out. taxpayers ended up getting the bill when government took over the space. and then we get all the faux guarantees of fixing the original faux guarantees as the intrusion really did get worse. i take you back to september of 2008 when the gses were put in the conservatorship and then treasury secretary paulson said the following quote. i attribute the need for today's action, talking about conservatorship, primarily to the inherent conflict and flawed business model embedded in the gse government sponsored enterprise structure and to the ongoing housing correction. well, first of all, how many experts have we had on lately that have said housing is doing much better. today's kate shiler seems to
only can the u.s. government, i take that back, only can government, period, including the u.s. government turn a detour into a four-lane highway, okay? let's talk about infusion. governments tried to create faux guarantees when they set up the gses when they created the structure of special financing and faux guarantees whether they were applied or assumed, we all know how it turned out. taxpayers ended up getting the bill when government took over the space. and then we get all the faux...
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Dec 14, 2012
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where are you on the u.s. market right now? >> you know, i think right now, probably to the end of year, if we can get some kind of movement on this fiscal cliff, you have a real potential for a pop, 3%, 4%, 5%. unfortunately, as i look to 2013, i'm looking at u.s. austerity. so the question is how much is that going to be, and if it's a lot and the rest of the world can't pick up the slack, then we've got problems. if it's just a little, in china and europe, can actually come out of what they've been in, then we might be okay. >> but there's nothing wrong with buying global markets. >> no wrong at all. and it's easy these days. >> it's fairly inexpensive these days. >> it's inexpensive. europe is very cheap in terms of valuation. there's plenty of etfs to do it. these days it's very easy for anyone to do and there's plenty of places to make some money. >> all right, terrific stuff. brian kelly. we call him bk. >>> poll after poll shows the republican party has an image problem. a branding problem. the question is can it be fix
where are you on the u.s. market right now? >> you know, i think right now, probably to the end of year, if we can get some kind of movement on this fiscal cliff, you have a real potential for a pop, 3%, 4%, 5%. unfortunately, as i look to 2013, i'm looking at u.s. austerity. so the question is how much is that going to be, and if it's a lot and the rest of the world can't pick up the slack, then we've got problems. if it's just a little, in china and europe, can actually come out of what...
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Dec 11, 2012
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certainly feeding the petrochemical demands in the u.s. is going to be a big part as well. >> thank you for coming and talking to the "mad money" viewers. >> this is the most consistent best growth pipeline story, you keep raising the dividend, you can take a look at their long-term plan, i like these guys so much. president and ceo of enbridge. what a winner. stay with cramer. >>> coming up, are you ready to get charged up? cramer cranks up the voltage and goes electric on an all new hyperactive lightning round. >>> it is time, it's time for the lightning round. are you ready, time for the lightning round. i want to start with sam in florida. sam. >> good evening, professor cramer. >> thank you for tenure, what's up? >> you're the best, a big boo-yah from venice, florida on the gulf. >> i do love venice. what's up? >> caller: what is your feeling on first energy? >> first energy has been going down along with the rest of the utilities. you take your first tranche. don't buy it until it gets to $6. >> i'm going to new york and marc. >> cal
certainly feeding the petrochemical demands in the u.s. is going to be a big part as well. >> thank you for coming and talking to the "mad money" viewers. >> this is the most consistent best growth pipeline story, you keep raising the dividend, you can take a look at their long-term plan, i like these guys so much. president and ceo of enbridge. what a winner. stay with cramer. >>> coming up, are you ready to get charged up? cramer cranks up the voltage and goes...
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Dec 31, 2012
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>> first of all i agree with john that the u.s. market remains fairly attractive. the thing about international is a couple things. first of all, if you look at a broad index efa is stretched to the downside than historic levels. the s&p looks attractive. the other thing is the policy mandate in places like europe believe it or not for the first time in a really long time they actually may be clearer than the u.s. >> chris, is there something about the fiscal cliff, deal or no deal, that makes you concerned about u.s. equities versus international ones? >> well, yes. but i think it's a relative concern. because i think risk assets around the world are attractively valued right now. but you're absolutely right. regardless of what sort of deal we get today or in the next three months, the fact of the matter is it will have an adverse impact next year. the question is is it going to be bad enough to throw the country into recession or not? we suspect not. and you're seeing today that it looks like a -- that both political sides have been able to find common ground on
>> first of all i agree with john that the u.s. market remains fairly attractive. the thing about international is a couple things. first of all, if you look at a broad index efa is stretched to the downside than historic levels. the s&p looks attractive. the other thing is the policy mandate in places like europe believe it or not for the first time in a really long time they actually may be clearer than the u.s. >> chris, is there something about the fiscal cliff, deal or no...
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Dec 28, 2012
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and guess what -- >> jimmy you got a democrat u.s. president, democratic chamber with the u.s. senate, why can't the president get this done? i mean, this is-ish. >> it's that simple. there are two words, they're called, i object. if you've ever worked -- raise your hand on the panel if you've ever worked in the united states senate. i don't see any hands. in the senate you got 100 egotistical men and women, which i'm fine with that. but if one of them is pissed off about something, they say i object and you can't get it through. the bottom line is, you've got one person objecting, mitch mcconnell. i like mitch mcconnell. he's not a terrible guy. but he keeps objecting and that's going to be the problem. he's going to be the decider on this. if he can get his caucus to coalesce and get 60 votes or no objections, something's going to come out of the senate. it's too late to get it done by january 1st. we're going off the cliff, boys. >> all right. how far -- >> i want to try out my idea. >> okay. >> because i still think we're talking about end of january, early february. that's
and guess what -- >> jimmy you got a democrat u.s. president, democratic chamber with the u.s. senate, why can't the president get this done? i mean, this is-ish. >> it's that simple. there are two words, they're called, i object. if you've ever worked -- raise your hand on the panel if you've ever worked in the united states senate. i don't see any hands. in the senate you got 100 egotistical men and women, which i'm fine with that. but if one of them is pissed off about something,...
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Dec 13, 2012
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we're talking about whether unions are ruining the u.s. economy? and three of wall street's top stock pickers come up who will give you a game plan and moments away from the president's and speaker boehner's meeting at white house. stay with us. or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone level
we're talking about whether unions are ruining the u.s. economy? and three of wall street's top stock pickers come up who will give you a game plan and moments away from the president's and speaker boehner's meeting at white house. stay with us. or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what...
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Dec 20, 2012
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mixing in corporate foreign and u.s. treasury bonds and stocks with relatively high dividends. one-year return just over 12%. ed, good to have you here on "power lunch." >> good to be with us. >> i'm reading through notes. you told our producer, when it comes to managing the portfolio, how on earth do you manage ton pay attention to it wh some say it could be debt tricksal to gdp. >> we look at it as to how it can affect the companies we are investing in. but in terms of listening to press conferences on a daily basis and how that will impack the market today, that's something we are less concerned about. >> because? we are focused on long-term objectives in our investors. that is speaking about prospects for investors. >> so in other words, this too shall pass. >> i think so. we are at a point where it is a bit of -- a point where we are tired of hearing the same thing out of leaders in washington. i think it is time that this is dealt with and we move past it. and hopefully we will get to that point soon. >> talk about the bond bubble. now that they have made their intejss cl
mixing in corporate foreign and u.s. treasury bonds and stocks with relatively high dividends. one-year return just over 12%. ed, good to have you here on "power lunch." >> good to be with us. >> i'm reading through notes. you told our producer, when it comes to managing the portfolio, how on earth do you manage ton pay attention to it wh some say it could be debt tricksal to gdp. >> we look at it as to how it can affect the companies we are investing in. but in...
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Dec 4, 2012
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we are looking for, you know, u.s. growth of 1 to 2% and primarily because, you know, housing is now in an upswing as opposed to a down swing. >> we have a graphic for our viewer ares, thanks to our team for getting done quick, i just came across it, bill, the average home size in the u.s., not amount biggest in the world but gone up 30% since 1973, the average new car is 30,000 dollars. college costs out of control but never how anything how incomes have gone up. if anything, stayed the same or gone down. how the hell are we affording all this stuff? >> that is a great point. i would suggest and point out, in terms of evidence, the corporate profits as a percentage of gdp are at historical highs, 12 to 13% of gdp. what you suggest in terms of wages as a percentage of gdp is correct. for the past 10, 15, 20 years, real terms, wages have not gone up, corporations in effect, been eating their seed corn, denigrating their consumer base and difficult going forward for them to sell product to a consumer base that has very l
we are looking for, you know, u.s. growth of 1 to 2% and primarily because, you know, housing is now in an upswing as opposed to a down swing. >> we have a graphic for our viewer ares, thanks to our team for getting done quick, i just came across it, bill, the average home size in the u.s., not amount biggest in the world but gone up 30% since 1973, the average new car is 30,000 dollars. college costs out of control but never how anything how incomes have gone up. if anything, stayed the...
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Dec 7, 2012
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the ceo of the u.s. division will join us exclusively to talk about how he plans to keep those sales motoring along and whether he is hiring. >>> speaking of hiring, with millions still out of work, why are manufacturers having a tough time filling new positions? phil lebeau searching for answers? wheeling, illinois. >> tyler, the answers will surprise you. at this plant, the ceo says i would hire ten people immediately if i could. guess how many applicants he has for some of the jobs right now? zero. we'll explain why when "power lunch" returns. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> jobs are front a
the ceo of the u.s. division will join us exclusively to talk about how he plans to keep those sales motoring along and whether he is hiring. >>> speaking of hiring, with millions still out of work, why are manufacturers having a tough time filling new positions? phil lebeau searching for answers? wheeling, illinois. >> tyler, the answers will surprise you. at this plant, the ceo says i would hire ten people immediately if i could. guess how many applicants he has for some of the...
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Dec 27, 2012
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. >> u.s. equity futures at this hour -- whoa. hold it. >> what are you looking at? u.s. equity futures. >> it's okay on. didn't we already do this? >> i don't care. i really don't. the new prompter is giving you fits. and yesterday, it ended with a -- did you see that one yesterday? a word ended with a n and the next one i introduced the like like t. boone pickens or something like that. >> we have a new teleprompter and it adds words. >> that's special. >> and people that, you know, that's where we get all of our info, right out of that baby there. anyway, futures are up 14 points. 13114 is where we are right now. i don't know. fiscal cliff is three days away and we're still above 13,000. that's what we're talking about. you would think if the growth was going to flow based on us going over the cliff, you would think oil would start to weaken. we haven't seen that much in that respect, either. as far as the ten year, stable at 98 of 6719. finally, gold -- i don't know. bernanke is on full 85 billion a month mode and it's below 1 hup. >> i don't understand that much. do
. >> u.s. equity futures at this hour -- whoa. hold it. >> what are you looking at? u.s. equity futures. >> it's okay on. didn't we already do this? >> i don't care. i really don't. the new prompter is giving you fits. and yesterday, it ended with a -- did you see that one yesterday? a word ended with a n and the next one i introduced the like like t. boone pickens or something like that. >> we have a new teleprompter and it adds words. >> that's special....
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Dec 11, 2012
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the u.s. senate. we're going to see just how much progress has been made or how little progress between the president and congress on the fiscal cliff situation. >>> and we'll find out just how much the european debt crisis has affected tourist's willingness to travel to southern europe. >> and then south korea's presidential election, yes, it's not just japan, and what to expect from the winner. >>> let's just plug you into where we are with this global market. more now on the global trading day in europe. 5-4 advances just about outpace decliners on the dow jones stoxx 600. most european stocks were up yesterday. the dax up 13 points. the dax, second highest close of the year, still up 27.5% for the year. right now, the ftse sound, the cac kron, closed at a fresh 52-week high. and the ftse is up 13 points despite falls from italian banks. let's show you where we are as far as the bond yields are concerned. we just check in. italian yields, 4.4% on the year. we'll show you the twos and tens,
the u.s. senate. we're going to see just how much progress has been made or how little progress between the president and congress on the fiscal cliff situation. >>> and we'll find out just how much the european debt crisis has affected tourist's willingness to travel to southern europe. >> and then south korea's presidential election, yes, it's not just japan, and what to expect from the winner. >>> let's just plug you into where we are with this global market. more now...
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Dec 31, 2012
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. >> in the embassy you would be under u.s. law, right? >> that's u.s. ground. >> u.s. time? >> the embassy -- >> all this debt. anyway, we are back here in d.c., a d-day for real. joining us on the set is republican senator from wisconsin, ron johnson, member of the senate budget committee and appropriations committee. who i got to just say, senator, you're like beside yourself. you're a small business owner. you got hundreds of employees. you're here working in the senate, i wouldn't call you an accidental senator. although they wanted you to run and you did it quickly. but you're looking around right now, and where do you think you are? alice in wonderland? are you -- >> it's an alternate universe. this place is a joke. bottom line, this is an absurd process. it certainly proves the genius of our founding fathers that government should be limited. i mean the fact that we have this place, having such an enormous effect on our economy, on people's livelihood, is wrong. it's simply wrong. so i'm a manufacturer. i'm always looking for the root calls of the problem. the root ca
. >> in the embassy you would be under u.s. law, right? >> that's u.s. ground. >> u.s. time? >> the embassy -- >> all this debt. anyway, we are back here in d.c., a d-day for real. joining us on the set is republican senator from wisconsin, ron johnson, member of the senate budget committee and appropriations committee. who i got to just say, senator, you're like beside yourself. you're a small business owner. you got hundreds of employees. you're here working in...
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Dec 12, 2012
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but they like the u.s. best. and in currencies, blackrock is all about being a dollar bull. so where specifically are they putting all that money to work in light of fiscal cliff? take a listen to what bla blackrock's robert casid 0 to me. he manages the firm's $3.7 trillion in assets. >> does this mean we good over the fiscal cliff. >> it is a very high likelihood it does or 11:59 on december 31st with a lot of hoopla. but tax rate are going to go up. there is a going to be a conclusion to this. even if it waits until the last minute. even if it is in january, what it is going to mean is slow growth. it may mean that we lose the entire first quarter because everybody is still worrying and talking about the issue. and here we go, clients again, investing in a time when they need to be invested. >> he also thinks if we go over the cliff it might trig ear recession. what about the fed? as you know, it announced those big moves today. tying any move in rates to the unemployment rate. are we in a bond double? we will hear from blackrock's chief investment officers of fundamental
but they like the u.s. best. and in currencies, blackrock is all about being a dollar bull. so where specifically are they putting all that money to work in light of fiscal cliff? take a listen to what bla blackrock's robert casid 0 to me. he manages the firm's $3.7 trillion in assets. >> does this mean we good over the fiscal cliff. >> it is a very high likelihood it does or 11:59 on december 31st with a lot of hoopla. but tax rate are going to go up. there is a going to be a...
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Dec 4, 2012
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there is a lot of investment poe tens that could ignite growth in the u.s. economy. and that's where i think they have kept their powder dry, full and uniquely positioned. >> they are uniquely positioned to use that capital if there's some resolution and tyler, these the key. you know, i have talked to small business manufacturers here in the midwest and almost all of them say the same thing, they are fed up with the uncertainty. if they had some certainty about what was going to happen with the fiscal cliff, tax policy, you name it i think we would then, as everybody would say, get a bounce because these manufacturers would then put that capital to use. >> phil lebeau. thank you very much. >>> we are talking uncertainty, despite all of it, down in washington, there are companies hiring right now and intend to next year. joining us is eric sherrin berg, the editor and chief of "inc" magazine. naming name notice december and january issue you the 100 biggest job creators in america. these are the 100 big pest and who are they? >> companies that are fast growing, i wou
there is a lot of investment poe tens that could ignite growth in the u.s. economy. and that's where i think they have kept their powder dry, full and uniquely positioned. >> they are uniquely positioned to use that capital if there's some resolution and tyler, these the key. you know, i have talked to small business manufacturers here in the midwest and almost all of them say the same thing, they are fed up with the uncertainty. if they had some certainty about what was going to happen...
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Dec 19, 2012
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and on the u.s. side, not just the u.s. but on the western side, there's a feeling that the chinese market is not open and that open markets should be a two-way street. it's not just the west is open, china has to be open, too. >> we'll leave it there. adjunct associate professor at the chinese university of hong kong. frank, thank you very much. >>> now for more on this topic, in fact on asia more bradley, let's get more on the conversation. global head of economics at society national. when we look into 2013, how -- how he been of power shifting, and is china going to start using its foreign reserves as more of a bargaining tool? >> well, i don't really think they will. and i think what's important to see is that the foreign exchange reserves are also part of the currency policy. if china were to massively diversify their foreign exchange reserves special different currencies, then they would also have to change the currency policy. so the two really to my mind go hand in hand. now, that doesn't necessarily mean that if t
and on the u.s. side, not just the u.s. but on the western side, there's a feeling that the chinese market is not open and that open markets should be a two-way street. it's not just the west is open, china has to be open, too. >> we'll leave it there. adjunct associate professor at the chinese university of hong kong. frank, thank you very much. >>> now for more on this topic, in fact on asia more bradley, let's get more on the conversation. global head of economics at society...
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Dec 26, 2012
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and i mean, u.s. dollars, i'm short yen against canadian dollars, i'm short yen against aussie and the kiwi. i think it's abundantly clear that this new administration has made it very clear it intends to force the bank of japan to supply japanese yen in unlimited terms. these are terms that we have not heard from a -- from monetary authorities or political authorities, i can't remember ever having heard that before. you have to remember, a government has a hard time strengthening its currency, but governments can very easily weaken their currencies, simply by printing them and when the japanese said they are going to print them in an unlimited fashion, you have to believe them. >> also, the other difference here between japan and what's going on for instance here in the united states is that in japan, there are still positive real rates so the bank of japan has the freedom and the leeway to really impact what's going on with the yen. >> well, they've made it clear that that's what they intend to do.
and i mean, u.s. dollars, i'm short yen against canadian dollars, i'm short yen against aussie and the kiwi. i think it's abundantly clear that this new administration has made it very clear it intends to force the bank of japan to supply japanese yen in unlimited terms. these are terms that we have not heard from a -- from monetary authorities or political authorities, i can't remember ever having heard that before. you have to remember, a government has a hard time strengthening its currency,...
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Dec 19, 2012
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buying back 20 million shares of stock from the u.s. treasury. that's all of us. the government needs to sell 300 million shares it still holds at $70 a piece to break even on the 49.5 billion bail yut. we asked you, viewers, whether you thought the bailout was worth it. here is what you said. it saved gm and industry a lot of jobs. 32% say that. no, it cost taxpayers billions. and 23% say we have turned into a bailout nation. what do you think, boys? >> i think, look, what is the cost of this? i think $49 billion. they are obviously losing money if they sell it at $27. the break even was 50-something if they sold all the shares. they will lose money. what is the cost of letting a million jobs go? i don't know. john, what do you think? >> i think this is surprising for a lot of people. we are definitely losing money on this deal. we are losing anywhere from 9 billion to 13 billion. but if you think about how much jobs they say that saved, about, they say a million jobs, that is about $13,000 a job. we would have paid more than that in unemployment for all these pe
buying back 20 million shares of stock from the u.s. treasury. that's all of us. the government needs to sell 300 million shares it still holds at $70 a piece to break even on the 49.5 billion bail yut. we asked you, viewers, whether you thought the bailout was worth it. here is what you said. it saved gm and industry a lot of jobs. 32% say that. no, it cost taxpayers billions. and 23% say we have turned into a bailout nation. what do you think, boys? >> i think, look, what is the cost of...
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Dec 19, 2012
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that's how much it's estimated that the u.s. health care system throws away on just unnecessary care, wasteful spending and downright fraud. take this back brace, for example, medicare pays over $900 for a product that you could find online for less than $250. >> well, this is all according to a new government report, and while this may seem like one small example, it all adds up. first a question of what your tax dollars are paying more and there's only so much wasteful spending that can be cut. diane, first to you. how in the world can this happen? how does medicare not know what in the world they are paying for? >> well, i think that when you have a government program providing all these things it's very difficult to get costs down. that's why it's important to have competition among providers of medicare, like with the federal employee health benefits plan so seniors can choose a particular plan within medicare, a plan pre-approved by the government. they all compete for seniors. they all compete for seniors' business. that
that's how much it's estimated that the u.s. health care system throws away on just unnecessary care, wasteful spending and downright fraud. take this back brace, for example, medicare pays over $900 for a product that you could find online for less than $250. >> well, this is all according to a new government report, and while this may seem like one small example, it all adds up. first a question of what your tax dollars are paying more and there's only so much wasteful spending that can...
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Dec 20, 2012
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>> i think the u.s. market is starting to look more like europe in terms of how market share is -- before they were big pieces and now everybody is more equally divided. >> maybe it's not just about the u.s. they make a lot of money other places, right, phil? >> they do. china. china is huge for them and southeast asia. they're growing around the world. doesn't mean clear sailing. but it's a much healthier company than it was when it went into bankruptcy. >> michelle krk you tell me why buicks are so popular in china? >> it has a long history of strong image there. >> they're buicks. >> gm went in early. well, it's got a different image there. >> even tiger finally said i can't sell these things. >> any, appreciate it, michelle. thanks for trying to give me a straight answer. i'm sitting in the same chair i sit at in the morning. the big report on what happened in benghazi came out late last night and it seemed to go to great luns. >> they were mid level, right? >> yrks joe, they took the fall. from my i
>> i think the u.s. market is starting to look more like europe in terms of how market share is -- before they were big pieces and now everybody is more equally divided. >> maybe it's not just about the u.s. they make a lot of money other places, right, phil? >> they do. china. china is huge for them and southeast asia. they're growing around the world. doesn't mean clear sailing. but it's a much healthier company than it was when it went into bankruptcy. >> michelle krk...
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Dec 26, 2012
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gift card in the u.s. are so lop lar that if you lied the cars sold last year ent to ent, they would total just how much? we'll tell you nicks. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana or th
gift card in the u.s. are so lop lar that if you lied the cars sold last year ent to ent, they would total just how much? we'll tell you nicks. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious....
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Dec 3, 2012
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i can't see where the u.s. growth will come from. exports will suffer. >> jim, we are seeing a lot of activity at the end of the year as investors and companies try to beat those higher tax rates. for example, some companies issuing special dividends because they assume tax rates will go up next year, which will they will, but you don't think it is good for toward the special dividends we are seeing. >> i'm okay if it is a dividend-paying company, like utility companies or high-yield staple stock or something. if they're going to pay a special head -- because that's why shareholders buy their company. i'm not okay with it in areas where i make an investment for companies for growth and they come up and pay me a special dividend this year. it makes me weary. if the best i can get is they will pay their cash to pay a dividend i question if they have any growth opportunities. >> what do you want to do with your money in light of all of this? >> i want to shop the euro. i believe the dollar will be strong. gold price will not go up. if y
i can't see where the u.s. growth will come from. exports will suffer. >> jim, we are seeing a lot of activity at the end of the year as investors and companies try to beat those higher tax rates. for example, some companies issuing special dividends because they assume tax rates will go up next year, which will they will, but you don't think it is good for toward the special dividends we are seeing. >> i'm okay if it is a dividend-paying company, like utility companies or...
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Dec 31, 2012
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u.s. debt. i'm told by this person on the call that the administration's response to that, they think a small deal would in fact be enough, but they wouldn't speak for the ratings agency. still a big unknown hanging out there, guys. >> and we know about some of the tough conversations we'll have 30 days from now, 45 days from now, eamon. it does sound, though, judging from some of the latest rumors that they're almost comically close to a deal, especially when you talk about the income level at which tax rates would rise. is it 4, 450, settle on 5. is that the main thing you're interested in over the next couple hours? >> yeah, once they've gotten rid of the question about the changed cpi and social security over the weekend, which the republicans asked for, democrats denied, republicans backed down on that, then it becomes a matter of hammering out the details and making sure that you have the votes before you go to the floor. it does seem like they're very close to this deal. but it is t
u.s. debt. i'm told by this person on the call that the administration's response to that, they think a small deal would in fact be enough, but they wouldn't speak for the ratings agency. still a big unknown hanging out there, guys. >> and we know about some of the tough conversations we'll have 30 days from now, 45 days from now, eamon. it does sound, though, judging from some of the latest rumors that they're almost comically close to a deal, especially when you talk about the income...
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Dec 16, 2012
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here is btu verses century aluminum and u.s. steel. they are highly correlated. they are all bottoming. they've all been working for months. in fact, four months of outperformance. take a look at btu itself. the same scalloping bearish to bullish move. importantly, it was going up in september and october when the stock market was going down. it leads the way, checks back to the average and starting to bounce and then just to put in context, this action a little longer term. not only is it too broken above its down trend just as shanghai. it's been doing it for weeks and weeks and weeks. then importantly this bottoming out action recently, take a look at where it's happening. when you have this kind of sell-off, 70 back to a past low and then you hold the low and start to do that, it's a very constructive setup. we're long here. we think you've got a lot of upside. >> all right cater, thanks for that. carter, what is your take on btu. >>> fundamentally it's interesting. a lot of the coal stocks have been severely beaten. the average multiple on this stock specifi
here is btu verses century aluminum and u.s. steel. they are highly correlated. they are all bottoming. they've all been working for months. in fact, four months of outperformance. take a look at btu itself. the same scalloping bearish to bullish move. importantly, it was going up in september and october when the stock market was going down. it leads the way, checks back to the average and starting to bounce and then just to put in context, this action a little longer term. not only is it too...
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Dec 28, 2012
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and u.s. equities are more correlated to the spanish and italian bond yields than they are to european gdp. we likehe european influence next year. >> let's say your focus is more on the united states right? if you're buying stocks, you believe your thesis that we're going to get to 1550 at a minimum consumer discretionary is tops on your list the second best performing sector this year behind financials. you think that continues to work why? >> we've seen profit taking on the cliff but by the same token this is an area that has the most to gain if we get a cliff deal and that is our base case. we also like industrials. there we don't think the china recovery and the better tone in europe are fully priced. industrials traded at market multiple. we think when it is a risk on pro cyclical environment you should see industrials trade at a bit of a premium to the market. >> why wouldn't you say financials? where are financials on your list? that would be a sector i would look at. >> i'll be honest
and u.s. equities are more correlated to the spanish and italian bond yields than they are to european gdp. we likehe european influence next year. >> let's say your focus is more on the united states right? if you're buying stocks, you believe your thesis that we're going to get to 1550 at a minimum consumer discretionary is tops on your list the second best performing sector this year behind financials. you think that continues to work why? >> we've seen profit taking on the cliff...
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Dec 21, 2012
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it was the u.s. elections, the fiscal cliff talks. >> and john, what is it going to be, cab driving or stock picking? >> both. the back heavy trade has been used. the face has been used. so, yeah, i'm not coming back, but hopefully it will be running parallel. >> arnab, staying out of stock picking for now? >> it's not my cup of tea. i would probably be better at driving a cab. >> i wouldn't, that's for sure. john walsh, winner of the trading academy. >>> moving on now, despite fiscal cliff uncertainty at the moment, asia could pick up two. europe will be lucky not to dip into recession, but generally speaking, the outlook for 2013 may be rosy. that's according to kevin gardener, head of investment global strategies. kevin, we've just been talking to people expressing concern about what the drivers are going to be of growth next year. what say you? >> no. that's a good question. and hold on just a second. i don't think we would describe it as positively rosy just yet. we're saying the storm clouds ar
it was the u.s. elections, the fiscal cliff talks. >> and john, what is it going to be, cab driving or stock picking? >> both. the back heavy trade has been used. the face has been used. so, yeah, i'm not coming back, but hopefully it will be running parallel. >> arnab, staying out of stock picking for now? >> it's not my cup of tea. i would probably be better at driving a cab. >> i wouldn't, that's for sure. john walsh, winner of the trading academy. >>>...
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Dec 7, 2012
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s u.s. sales has grown. the dollar menu is back. don't confuse higher sales against some very, very reports and we've got a low bar with profitability. it won't be there. >> profitability comes from breakfast. they're killing them in china. >> i'm going to look at the valuation for me growing too slow. >> it will be over 100 bucks six months from now. >> if the market's up. >> you guys have made compelling cases. let's send it over to our jury, if you would. dr. j., who made the more compelling argument. >> well, okay, so i'm the guy that cuts the baby in half, then, judge, because i do think stephen's made good arguments but i've got to go with pete. there's no hard landing at all with china. >> shouldn't be recused from this? >> like pete says, this is going to be higher six months from this. >> let's take the fellow g gargantuga gargantuan brother out of it. pete is right. we understand the macro challenge is challenging. what did they do? on december 15 they repoliced jan fields with jeffrey stratton who for 40 years has been at
s u.s. sales has grown. the dollar menu is back. don't confuse higher sales against some very, very reports and we've got a low bar with profitability. it won't be there. >> profitability comes from breakfast. they're killing them in china. >> i'm going to look at the valuation for me growing too slow. >> it will be over 100 bucks six months from now. >> if the market's up. >> you guys have made compelling cases. let's send it over to our jury, if you would. dr....
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Dec 31, 2012
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the impact will be felt in just about every aspect of the u.s. economy, especially u.s. manufacturing. let's bring it n president of power systems. also david watham. they make a wide range of manufacturing product from packaging to containers. both of you, great to have you with us today. david, to you first of all. i don't know if you've been listening to the tv or radio or hearing about the headlines or the contours of the deal arising right now. what does it mean for your business? >> first off, i'm optimistic because it is a step in the right direction. all it is, is a step. big stuff to work on. >> that said and i talk a lot to counter parts, we are all operating in this mode we are in flat economies and a few bright spots around and you jump on those and anything with the solution, is pretty short term and there is a lot bigger stuff to do before we can grow the u.s. i'm a big optimist on the u.s. but we have work to do. >> david, in the lead up to this fiscal cliff deadline, a lot of ceos we have spoken to have said, just the uncertainty that the tax rates will b
the impact will be felt in just about every aspect of the u.s. economy, especially u.s. manufacturing. let's bring it n president of power systems. also david watham. they make a wide range of manufacturing product from packaging to containers. both of you, great to have you with us today. david, to you first of all. i don't know if you've been listening to the tv or radio or hearing about the headlines or the contours of the deal arising right now. what does it mean for your business? >>...
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Dec 19, 2012
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it is easy to fix ate on the u.s. rally. it has nothing to do with china or the u.s. it has to do with the new japanese government. the bank of japan is meeting on wednesday or thursday. the trick here for the american investors is to remember the currency. you have to experience it. it sounds like the federal reserve. so this idea. the cliff may be overrated. i'm curious to see what happens. you mentioned the debt ceiling in the show. if obama gets that, he is going to give a lot back. if obama gets that lifted now. so we don't have to have the fight. he is going to have to give up a lot. but i agree. if we can take that off the table, we don't have to fight that fight that is a positive. >> you stay low in the market. i'm under weight equities and overweight credit. i want to see what the deal looks like before i add. >> strike could slam businesses from maine to texas and all points in between. it could damage our economy. impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connection
it is easy to fix ate on the u.s. rally. it has nothing to do with china or the u.s. it has to do with the new japanese government. the bank of japan is meeting on wednesday or thursday. the trick here for the american investors is to remember the currency. you have to experience it. it sounds like the federal reserve. so this idea. the cliff may be overrated. i'm curious to see what happens. you mentioned the debt ceiling in the show. if obama gets that, he is going to give a lot back. if...
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that's reassuring for the u.s. dollar. >> and that's one of the most amazing things about the dollar. when our economy does really badly, the dollar does well. people buy tee bills. even if the government is frustrated and the fed is frustrated, there's nowhere else to go. >> and, peter, i feel like i've read in all of your writings somewhere there will be a tipping point with that. >> with the dollar? >> yes. >> i think we've almost reached it. they said why is the euro at 1.30. i said ben bernanke is the euro's best friend. we're the reserve currency of the world. i think that says a lot. will we get some dollar strength? well, look at the context. gold has gone from 250 to almost 1700. what is the dollar the going to be strong against? it's all a relative game. i think 85 billion of newly printed money in the u.s., got is going much higher. to me, that's a ultimate treasure of the dollar. >> ben, wa do you want to talk about? do you want to weigh in on that or the market's inability to move higher? i thought thi
that's reassuring for the u.s. dollar. >> and that's one of the most amazing things about the dollar. when our economy does really badly, the dollar does well. people buy tee bills. even if the government is frustrated and the fed is frustrated, there's nowhere else to go. >> and, peter, i feel like i've read in all of your writings somewhere there will be a tipping point with that. >> with the dollar? >> yes. >> i think we've almost reached it. they said why is...
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there are reports tonight that the u.s. and allied intelligence have detected syrian movement of chemical weapons components the use of which is a red line for the united states. take a listen to president obama this afternoon. >> i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences and you will be held accountable. >> all right. talk about this here now is syndicated radio talk show host my great pal john. john, the president said there will be serious consequences. does that mean we'll go to war? >> we are at war. this is a civil war in syria and the u.s. is sponsoring the coalition that means to regime change in damascus. that's the coalition of cairo, morrissey ankora. we're at war. >> the question is coming back to the president's statement i thought, john, we detected movement whether it's parts or trucks or whatever, if we de
there are reports tonight that the u.s. and allied intelligence have detected syrian movement of chemical weapons components the use of which is a red line for the united states. take a listen to president obama this afternoon. >> i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences and you will...
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a global agency and usaid, which which is the u.s. american aid in development. in kenya, ethiopia and other africa countries, we are with these small companies, helping them get bet are with what they do. as they grow and improve and their products get better they are sourcing more of their inputs, grain, wheat, from local growers and it is a fabulous virtuous cycle and so we are very involved this that right now. and our technologists are on the kbrund and heground and helping. it makes a difference for the food economy there. >> fantastic work. good for you. and good in other parts of the emerging world as well. thank you very much, ken pal. >> thank you. >> once again, top stock story right now is herbalife. trading down 11%. here is the news, noted investor bill ackman, broken by kate kelly here at cnbc, is short hern herbalife. he is betting the stock will fall. he essentially called it a pyramid scheme. which has been raised by others. the company denies that claim. bit way, the ceo came on with mandy and jim and herb and myself in july. i've posted the vi
a global agency and usaid, which which is the u.s. american aid in development. in kenya, ethiopia and other africa countries, we are with these small companies, helping them get bet are with what they do. as they grow and improve and their products get better they are sourcing more of their inputs, grain, wheat, from local growers and it is a fabulous virtuous cycle and so we are very involved this that right now. and our technologists are on the kbrund and heground and helping. it makes a...
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i think the u.s. is at best slogging through things here. i would make an argument that maybe the right multiple is 12 or so. if you throw in earnings of 95 to 100 you have an s&p that is significantly lower. >> rallies during the last phase of the market have peaked out around 14 times earnings. it is up from here in terms of a forward multiple. i don't see why we have to start applying a discount to what we have been seeing in terms of peak multiples given what we have been through. do you think that the uncertainty has peaked or is ahead of us? the maximum uncertainty. >> i would make the argument it is potentially forward but i think a lot of people would disagree. >> markets don't just pick a multiple like fisher price. the low multiple in the 1970s when you had slow growth and rising inflation was seven times earnings. if you google back to what you said which is you have to analysts, what are they telling me at this point? at the beginning of the year they said growth is back. now what is it? >> i don't think dollar is a definable cat
i think the u.s. is at best slogging through things here. i would make an argument that maybe the right multiple is 12 or so. if you throw in earnings of 95 to 100 you have an s&p that is significantly lower. >> rallies during the last phase of the market have peaked out around 14 times earnings. it is up from here in terms of a forward multiple. i don't see why we have to start applying a discount to what we have been seeing in terms of peak multiples given what we have been through....
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how much will the u.s. spend in tax expenditures on subsidies for retirement savings accounts next year? the answer when we return. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. so, the 5.3-liter v-8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer power? [ laughing ] [ stops laughing ] [ male announcer ] chevy's giving more. this holiday season, trade up to get the 2012 chevy silverado all-star edition for 0% apr financing for 60 months plus $2,000 cash allowance or get a total value of $9,000. i have obligations. cute tobligations, but obl
how much will the u.s. spend in tax expenditures on subsidies for retirement savings accounts next year? the answer when we return. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ]...
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u.s. employees. at that time, globally, over -- outside the u.s. they had about 205,000. when i was working on my project in may of 2012, we want to get it straight, the same spokesman said they currently had 77,000 employees. does that look about the same to you? how many times we're at millions and millions and they had around 215,000 global employees. so we want to just put the record straight here. i personally think the cottage industries is overplayed a bit. if i'm in the business and you do 14 million annualized units of sales, so many cars are going to be sold. and manufacturers will just sell to another one. but that's an argument for another day. carl, back to you. >> all right. thank you, rick santelli. after the break, manolos and milk. i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy a
u.s. employees. at that time, globally, over -- outside the u.s. they had about 205,000. when i was working on my project in may of 2012, we want to get it straight, the same spokesman said they currently had 77,000 employees. does that look about the same to you? how many times we're at millions and millions and they had around 215,000 global employees. so we want to just put the record straight here. i personally think the cottage industries is overplayed a bit. if i'm in the business and you...
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Dec 20, 2012
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wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate
wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. he's going to apply testosterone to his...
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>>> is the u.s. consumer in trouble? the front page on this morning's "wall street journal" says yes. but are holiday sales and shipping proving otherwise? courtney reagan is on top of that story. >> today is a big day when it comes to holiday shipping and spending. it's fedex's busiest day of the year counting all the orders. ceo estimates it will move a record 19 million parcels today. that's up 11% from last year. part of the reason for the increase is the boom in online sales. the more people click, the more fedex ships. they are shipping millions of gifts ordered on cyber monday. the second monday of december or green monday as coined by ebay is usually the heaviest of the month. last year green monday was walmart.com's heaviest traffic day in december. the world's largest retailer again offering special deals today hoping history repeats itself and shoppers have yet another reason to spend. comscore expects more than $1 billion will be spent online today. >> despite the expectations for online holiday sales, some a
>>> is the u.s. consumer in trouble? the front page on this morning's "wall street journal" says yes. but are holiday sales and shipping proving otherwise? courtney reagan is on top of that story. >> today is a big day when it comes to holiday shipping and spending. it's fedex's busiest day of the year counting all the orders. ceo estimates it will move a record 19 million parcels today. that's up 11% from last year. part of the reason for the increase is the boom in...
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Dec 20, 2012
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this is your best correlated trade to the u.s. housing recovery. i think you stay with it but you take your equity position now and move it into options. the potential is there if there is a larger entity that believes of playing the u.s. housing inregular it. >> at stock is trading at 52-week low, down 11%. hold it or fold it, stephanie? >> this should be the fast fire of the day. certainly for me. i was wrong on this name. the quarter was disappointing. i thought they would do a little built better on the margin side, a little better on the comp side. some of it was superstorm sandy related so i don't think it -- the stock is down about 3 -- 30%. i think housing could bail them out. >> first up, merck. >> the cholesterol drug failed a test. could take a big hit. >> and if it goes to 22, i'm a buyer of greenier. >> what a story aig has been this year. >> i think now that the government is out and they've sold aii. they have $11 billion here and you can focus on fundamentals? >> it's excellent for mid-couldn't fent refiners. >> and a pop for the go
this is your best correlated trade to the u.s. housing recovery. i think you stay with it but you take your equity position now and move it into options. the potential is there if there is a larger entity that believes of playing the u.s. housing inregular it. >> at stock is trading at 52-week low, down 11%. hold it or fold it, stephanie? >> this should be the fast fire of the day. certainly for me. i was wrong on this name. the quarter was disappointing. i thought they would do a...
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. >> it still comes back to buying high quality assets which we believe are in the u.s. big -- cap with big brand names with great fundamentals, and they are right here in the u.s.? make that the last word. the bell is ringing. maria will pick up the second half of the "closing bell" in just a moment. >>> and it is 4:00 on wall street. do you know where your money is? hi, everybody, welcome back to the "closing bell." i'm maria bartiromo on the floor of the new york stock exchange. today fading optimism about a deal to avoid the fiscal cliff weighed on stocks. here's how we're finishing on wall street close to the lows of the day with a decline of the dow jones industrial average of 98 points at 13,252. once again we saw both sides digging n.no deal on the fiscal cliff in washington and stocks sold out. nasdaq composite off a third of a percent and the s&p 500 down 11 points, and the countdown continues. only seven trading days left until the fiscal cliff dead livent was today the beginning of a bigger selloff if a deal does not come soon? joining me right now is a cnbc
. >> it still comes back to buying high quality assets which we believe are in the u.s. big -- cap with big brand names with great fundamentals, and they are right here in the u.s.? make that the last word. the bell is ringing. maria will pick up the second half of the "closing bell" in just a moment. >>> and it is 4:00 on wall street. do you know where your money is? hi, everybody, welcome back to the "closing bell." i'm maria bartiromo on the floor of the...